Injective crypto has been trending higher over recent days, rising 11.4% over the past week and 3.44% over the last 24 hours. This upward movement occurs with a trading volume of $153.31 million, representing a 21.16% decrease for the day, while the market capitalization stands at $333.32 million.
The INJ price rose earlier in the session before stabilizing around $3.30, where buyers consistently re-entered the market. The primary catalysts for this movement are treasury accumulation and renewed visibility within the ecosystem.
Pineapple Expands INJ Treasury While Summit Heads to Washington
Pineapple confirmed it acquired an additional $2,000,000 in INJ as part of its ongoing market purchase program, bringing total purchases to 560,647 Injective coins for about $2 million. The firm maintains $20.79 million in capital reserves earmarked for the continued accumulation of INJ tokens.
Data shows that roughly 20 million INJ have already been added to the Pineapple treasury, with another 80 million referenced as remaining in scope. That buying pressure was accompanied by a sharp intraday spike in INJ’s price, which may have contributed to the swift move to the upper end of the $3.10-$3.50 range over the past day.
At the same time, there was a reaffirmation of the Summit event in Washington, D.C., on July 16th, 2026, which coincides with America’s 250th anniversary.
Injective Price Holds Near $3.30 as Technicals Remain Neutral
INJ/USDT currently trades at $3.327 at the time of writing, with the broader indicators summary sitting at Neutral, including 10 sell, 9 neutral, and 7 buy. Oscillators are also Neutral, with RSI (14) at 44.06 and Stochastic at 41.556, neither stretched nor signaling exhaustion.
Moving averages lean heavily. The summary shows 9 sell, 1 neutral, and 5 buy readings, keeping directional conviction limited. Short-term pressure hasn’t flipped the structure decisively bullish.
Injective price action tells the same story. INJ coin spiked, retraced, and is now compressing near $3.30. Support has formed around the $3.0 level, while $3.60 caps the upside for now. Until either side breaks, INJ price remains range-bound with a slight upward bias following treasury flows.
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